Nuclear energy tries to muscle out renewables as technology and investment keep pace

Wind and solar generate $260 billion in investment a year over the last five years as progress of nuclear is hampered by long term costs, according to a news report.
Renewables capacity continues to increase, with half the proposed 200 Gw by 2020 plan being installed by China already.
Easily available cheap energy has been the defining trend in the renewables market. Wind energy is the cheapest but still has challenges like nuclear, ” believes the transition to clean energy should be left to the free market…. We believe that the wind PTC has served its purpose and oppose its reinstatement.” explained Exelon spokesman Paul Adams.
Nuclear energy is more consistent, but its inherent dangers are some of its major stumbling blocks
Reversal of fortune?
A change in the energy sector has the potential to cause a change from from current energy structure of large, centralised plants to a more decentralised system.
Wind and solar are at the helm of these recent developments, with new technologies such as solar roads coming into play “If we translate this to an annual yield, we expect more than the 70kwh per square metre per year,” says Sten de Wit, spokesman for SolaRoad, responsible for developing solar roads in the Dutch town of Krommenie in the outskirts of Amsterdam.
Nuclear is also experiencing a transition, now competing to push out renewable energy instead of deregulation as in the past.
“They are operating in a deregulated market, but they’re trying to re-regulate again…Their strategy is killing their competition by eliminating energy efficiency and renewable energy as incentivized [sources], then going to regulators asking to bail them out.” says Allison Fisher, energy program outreach director of the watchdog group Public Citizen
Ongoing improvements to grid technology and the like are also likely to increase the number of renewable energy projects such as Notting Hill, run by multimillionaire Michael Liebreich.